🚀Mt. Gox, the infamous collapsed Japanese crypto exchange, has been spotted moving a whopping 47,229 BTC (worth $2.71 billion) to a new wallet. This is their first major transaction since May! 😲

The move comes as Mt. Gox plans to start repaying creditors this month, with a total of $8.5 billion in Bitcoin on the line. Some market pundits are biting their nails over the potential flood of Bitcoin that could hit the market. But don't panic just yet! Other analysts suggest the total amount of Bitcoin to be "dumped" is likely closer to $4.5 billion.

Despite a 6.9% dip in Bitcoin's price over the last week, it's still up 35.6% YTD.

What's your take on this? Will we see a Bitcoin tsunami or just a ripple? Let's discuss in the comments! 🌊👇 #Bitcoin #MtGox